Saudi PIF increases stake in Newcastle United as co-owner Amanda Staveley departs

Saudi PIF increases stake in Newcastle United as co-owner Amanda Staveley departs
Saudi Arabia’s Public Investment Fund has increased its ownership stake in English Premier League football club Newcastle United from 80 to 85 percent. (Reuters/File)
Short Url
Updated 13 July 2024
Follow

Saudi PIF increases stake in Newcastle United as co-owner Amanda Staveley departs

Saudi PIF increases stake in Newcastle United as co-owner Amanda Staveley departs
  • The Public Investment Fund’s stake in the English Premier League club increases from 80% to 85%, while co-owner RB Sports and Media holds the remaining 15%
  • Club chairperson Yasir Al-Rumayyan says: ‘The ownership group … will continue to build on these foundations for long-term sustainable success for the team and our amazing fans”

NEWCASTLE: Saudi Arabia’s Public Investment Fund has increased its ownership stake in English Premier League football club Newcastle United from 80 to 85 percent.
The agreement, confirmed by the club on Friday, marks the departure of husband-and-wife co-owners Amanda Staveley and Mehrdad Ghodoussi. As part of the consortium that took over the club almost three years ago, Staveley’s company PCP Capital Partners initially held a 10 percent ownership stake, though this was reduced to 6 percent last year when co-owner RB Sports and Media increased its stake from 10 to 14 percent; it will now rise to 15 percent.
The deal is expected to be completed this month, with the PIF and RB saying it is part of their long-term plans to develop the club and ensure it can be a consistently credible competitor in domestic and European competitions.
The PIF, RB and the Newcastle United board thanked Staveley and Ghodoussi for the key role they played in the acquisition of the club from former owner Mike Ashley, and for their dedication to the development of a framework for long-term success over the past two-and-a-half years.
Newcastle’s chairperson, Yasir Al-Rumayyan, said: “Amanda and Mehrdad will forever have our tremendous thanks and well-wishes as they move on to focus on their other business interests. We have achieved so much together since 2021, including achieving Champions League football in our first full season as stewards of this incredible club.
“The ownership group, together with CEO Darren Eales and the club’s executive team, will continue to build on these foundations for long-term, sustainable success for the team and our amazing fans, and we are excited about the future prospects for Newcastle United.”
Staveley described Newcastle as a special, unique club and said being its co-owner has been an honor.
“Mehrdad and I have loved being part of this club and community and are extremely proud of the progress Newcastle United has made in recent years,” she added.
“Our ambition has always been aligned to the brilliant fans of this club: to create consistently successful teams that regularly compete for major trophies and generate pride across the globe.
“We are grateful to have played our part in setting up the club for even more future success. We will remain fans for life.”


2026 World Cup final to have Super Bowl-style show: Infantino

2026 World Cup final to have Super Bowl-style show: Infantino
Updated 06 March 2025
Follow

2026 World Cup final to have Super Bowl-style show: Infantino

2026 World Cup final to have Super Bowl-style show: Infantino
  • Infantino: This will be a historic moment for the FIFA World Cup and a show befitting the biggest sporting event in the world
  • The move mirrors the show held during the final of last year’s Copa America in Miami, when Colombian star Shakira performed at half-time at the Hard Rock Stadium

PARIS: The 2026 World Cup final in New Jersey will make history by having a Super Bowl-style half-time show, world football chief Gianni Infantino said Wednesday.

Coldplay band members Chris Martin and Phil Harvey will determine the artists who will perform, FIFA president Infantino said.

“I can confirm the first-ever halftime show at a FIFA World Cup final in New York/New Jersey,” Infantino wrote on Instagram.

“This will be a historic moment for the FIFA World Cup and a show befitting the biggest sporting event in the world.”

Infantino revealed the decision following a meeting of FIFA’s commercial and media partners in Dallas ahead of the 2026 tournament, which will be co-hosted in the US, Canada and Mexico.

No further information about specific details or duration of the half-time show were revealed by Infantino.

The move mirrors the show held during the final of last year’s Copa America in Miami, when Colombian star Shakira performed at half-time at the Hard Rock Stadium.

Infantino added that FIFA also planned to “take over” New York’s Times Square on the final weekend of the tournament.


Slot hails ‘lucky’ Liverpool after Elliott goal sinks PSG

Slot hails ‘lucky’ Liverpool after Elliott goal sinks PSG
Updated 06 March 2025
Follow

Slot hails ‘lucky’ Liverpool after Elliott goal sinks PSG

Slot hails ‘lucky’ Liverpool after Elliott goal sinks PSG

PARIS:  Liverpool boss Arne Slot admitted his team had been extremely fortunate in their 1-0 win away to Paris Saint-Germain in their Champions League last 16 first leg on Wednesday as he heaped praise on goal-scoring hero Harvey Elliott.

“If we had a draw over here we would have already been the lucky one. That is clear for everyone,” Slot accepted after his side withstood a pummelling from the hosts in Paris.

PSG dominated the first leg of the heavyweight last-16 tie, but Liverpool goalkeeper Alisson Becker was in inspired form and the visitors snatched an unlikely victory to take back to Anfield for the return as substitute Elliott scored in the 87th minute.

“They were the much better team today, especially in the first half,” Slot said of PSG, who had a Khvicha Kvaratskhelia goal disallowed for a tight offside in the 20th minute and had 28 attempts in total.

“They had three or four open chances in the first half, and it was almost a miracle that it was 0-0 then.

“But we were already in the game three, four or five times, I felt like we could hurt them in transitions, but we didn’t, but we waited until the last moment and then we hurt them.”

Elliott, 21, was sent on for Mohamed Salah late on after the Egyptian had failed to make any impact on proceedings. He then scored with his first touch after being set up by Darwin Nunez.

“It was a big moment for him. I can understand that he is sometimes frustrated about the playing time he gets,” Slot said of Elliott, who has nevertheless now scored in three straight Champions League games.

“He has to do it with limited playing time but he just keeps on going. I have to give him big compliments for that.

“It wasn’t only Harvey but also the one who assisted him, Darwin Nunez, who came from a difficult two games, but was absolutely there again tonight because from the moment he came on we were more of a threat than before.”

Before Elliott’s remarkable strike, Liverpool looked set to finish a game without scoring for just the fourth time all season after they were pushed back by their opponents all evening.

“We were not under-par, it was purely the quality of Paris Saint-Germain and the way they have played this whole season,” the Liverpool coach added.

“Luis Enrique made an incredible team here. It was an unbelievable challenge for us to get away with a result and we know it will be a hard one in a week.”

Slot’s opposite number admitted the result was a sore one to take as PSG’s run of 10 straight wins in all competitions was brought to a halt.

“We were far superior to Liverpool in terms of how we played, and chances created,” Luis Enrique said.

“Against the best team in their league and in Europe, we put in a complete performance, defended well, took risks, and clearly deserved another result, but that is football.

“It is often unfair and we just have to accept it.”

Asked if he still believed his team could reach the quarter-finals going into next Tuesday’s return leg, he added: “Without any doubt. We are a team with absolutely nothing to lose.

“Today we deserved much more. Their best player was the goalkeeper, which indicates how the game went.”


Raphinha earns 10-man Barca tight first leg win at Benfica

Raphinha earns 10-man Barca tight first leg win at Benfica
Updated 06 March 2025
Follow

Raphinha earns 10-man Barca tight first leg win at Benfica

Raphinha earns 10-man Barca tight first leg win at Benfica
  • Raphinha drilled home after 61 minutes to give five-time winners Barcelona a slim advantage on Bruno Lage’s side ahead of the second leg next Tuesday

LISBON: Raphinha claimed Barcelona a 1-0 Champions League last-16 first leg win at Benfica on Wednesday, despite the Catalan giants playing most the game with 10 men.
Teenage defender Pau Cubarsi was sent off midway through the first half of the tight clash in Lisbon with the score goalless.
Raphinha drilled home after 61 minutes to give five-time winners Barcelona a slim advantage on Bruno Lage’s side ahead of the second leg next Tuesday.
Barcelona have not won the competition since 2015 but are expected to go deep this season, after a draw which many consider favorable.
Hansi Flick insisted before the game there was no such thing as an “easy” tie and the coach was proven right on a tense evening in the Portuguese capital.
Wojciech Szczesny made a smart save to deny Benfica’s Kerem Akturkoglu after just a few seconds, and the opening stages were played in a way that indicated both sides were picking up where they left off in Barcelona’s 5-4 group stage win in Lisbon a few weeks ago.
Dani Olmo fired narrowly wide at the other end as Barca threatened, before Benfica goalkeeper Anatoliy Trubin produced a stunning triple save to keep the score level.
The Ukrainian first parried Dani Olmo’s prodded effort, then made a brilliant reaction stop to thwart Robert Lewandowski converting from point-blank range and mopped up Lamine Yamal’s attempt from the rebound.
Barcelona were dealt a blow when 18-year-old center-back Pau Cubarsi was sent off after 22 minutes.
The Spaniard scythed down Benfica striker Vangelis Pavlidis, who scored a hat-trick in the group match, as he ran through on goal.
Szczesny saved Orkun Kokcu’s drive from the free-kick, with Flick sacrificing Olmo for defender Ronald Araujo to steady the ship.
The Polish goalkeeper, brought out of retirement by Barcelona after Marc-Andre ter Stegen suffered a severe knee injury in September, also made a fine reaction save to keep out Akturkoglu’s header before the break.
Despite their numerical disadvantage, Flick’s Barca gave as good as they got at the Estadio da Luz.
After another good Szczesny intervention to stop Pavlidis kept Benfica at bay before Raphinha broke the deadlock.
On the right flank after Flick replaced Yamal early in the second half with Ferran Torres, Raphinha stole in to win the ball back high up and wallop a low, deflected effort home from distance.
It was his ninth goal in nine Champions League games, with the forward in the form of his career.
Barcelona defended frantically in the final stages as Benfica sought to level.
The hosts thought they had won a penalty when Szczesny felled Andrea Belotti, but there was an offside in the build-up and Barcelona survived with their lead intact.


Inter’s strike force seize control of Champions League last-16 tie

Inter’s strike force seize control of Champions League last-16 tie
Updated 05 March 2025
Follow

Inter’s strike force seize control of Champions League last-16 tie

Inter’s strike force seize control of Champions League last-16 tie
  • “Second half you could see that they were controlling the game and it was more difficult for us to be dangerous,” said Hancko
  • A lively opening quarter in Rotterdam’s ever-atmospheric De Kuip saw three-time European champions Inter enjoy most possession

ROTTERDAM, Netherlands: Inter Milan’s powerful strike duo of Marcus Thuram and Lautaro Martinez combined to give the Italians a handy 2-0 advantage over Dutch side Feyenoord after an absorbing Champions League last-16 first leg Wednesday.
Quality finishes either side of half-time from the French and Argentinian strikers proved the difference between the two teams, who meet again in Milan for Tuesday’s second leg, with the winner of the Bayern Munich-Bayer Leverkusen showdown lying in wait.
“Their quality is unbelievable,” admitted Feyenoord defender David Hancko.
“Second half you could see that they were controlling the game and it was more difficult for us to be dangerous,” added Hancko.
A lively opening quarter in Rotterdam’s ever-atmospheric De Kuip saw three-time European champions Inter enjoy most possession but Feyenoord carve out the clearest opportunities.
Ibrahim Osman, the pacy 20-year-old Ghana international winger on loan from Premier League side Brighton and Hove Albion, was the main threat for the hosts, twice forcing Josep Martinez into sharp saves.
For the visitors, Thuram found himself with a clear run at goal but decided to pass square rather than shoot and the danger was snuffed out.
It was a moment of quality from the French striker that broke the deadlock with just eight minutes until the half-time whistle, latching onto a curling cross from Nicolo Barella to hook it in with the outside of his boot at the far post.
The goal, slightly against the run of play, galvanized the Serie A side, who suddenly looked much more dangerous going forward.
Feyenoord legend and recently installed manager Robin van Persie would have been glad to get his side into the dressing room just 1-0 down after an entertaining first half.
But his side’s arrears doubled just five minutes into the second period, as Martinez drilled an unstoppable shot into the top corner, giving the hosts a mountain to climb.
Jakub Moder came close to getting Feyenoord back into the game when his lunging deflection skimmed the bar.
Inter had their own chance to put the game — and probably the tie — beyond reach when Jeyland Mitchell brought down Thuram in the box, the referee awarding a penalty after a long VAR check.
But Timon Wellenreuther in the Feyenoord goal produced an excellent save from Piotr Zielinski’s penalty, moving smartly to his right.
Feyenoord pressed to the end looking for something to take to the San Siro but the Inter defense held firm in a pleasing night for Simone Inzaghi’s men.
“Feyenoord came out well a few times, but I think we were solid in defense,” said Inter’s Dutch international Denzel Dumfries.
“We hit them well on the break and we made things difficult for them,” he added.


Europa League win can change dire Man United season: Amorim

Europa League win can change dire Man United season: Amorim
Updated 05 March 2025
Follow

Europa League win can change dire Man United season: Amorim

Europa League win can change dire Man United season: Amorim
  • “I think it’s not a crucial thing for the future of the club... (but it would be) a massive difference in our season,” Amorim told reporters
  • “If we win the Europa League that could change a lot of things in the way (people) see the coach”

SAN SEBASTIAN, Spain: Manchester United coach Ruben Amorim said Wednesday winning the Europa League could make a “massive difference” to his team’s disappointing season, but was not vital in the big picture of the club’s future.
The Red Devils face Real Sociedad on Thursday in a last 16 clash at the Reale Arena, looking for respite from their poor domestic form.
Winning the Europa League would earn them a Champions League qualification spot for next season, which is virtually impossible for them to attain in the Premier League, where they sit 14th.
“I think it’s not a crucial thing for the future of the club... (but it would be) a massive difference in our season, especially because we are out of the (other) cups and in a bad position in the league,” Amorim told reporters.
“If we win the Europa League that could change a lot of things in the way (people) see the coach,” he joked.
Amorim, who arrived at Old Trafford in November after Erik ten Hag was sacked, believes top quality players will still be interested in joining United even if they failed to secure European football next season.
“Man United can (aim for) all the best players in the future even without Champions League in the future,” said Amorim.
“We have to change a lot of things and we’ll try to do that.
“There are more important things than winning cups in this moment, that is my view, but I understand that winning the Europa League can change everything for next season.”
Amorim said Sunday after Fulham knocked his team out of the FA Cup that United’s long-term goal should be winning the Premier League title.
“We have to think of the club as a project not just solve things in this moment,” continued the Portuguese coach.
“(We can’t think) if we win the Europa League we’ll be in amazing position in the next year... I’m trying to show the big picture to our supporters.”
The coach said his misfiring forward had been unlucky in recent games, with Rasmus Hojlund not scoring in his last 18 games and Joshua Zirkzee with just one strike in his last 16.
“There are things that are hard to explain,” said Amorim.
“Before the last match we had some games without opportunities, creating chances, that is impossible for them to score, it’s a team thing.
“But I felt in the last games... we had opportunities to score and we didn’t score, sometimes really, that’s it.”
United will be without Harry Maguire and Manuel Ugarte for the first leg clash in San Sebastian after they suffered knocks during Sunday’s FA Cup defeat by Fulham.
Amad Diallo, Kobbie Mainoo and Luke Shaw are among various other unavailable players amid the club’s injury crisis, along with teenage striker Chido Obi, who is not registered to play in Europe.
Meanwhile Real Sociedad coach Imanol Alguacil said he was not sure if midfielder Martin Zubimendi would be fit to face United after he was taken off during the 4-0 league defeat by Barcelona on Sunday.
Alguacil considers the Red Devils as the “big favorite” to win the Europa League.
“I don’t agree with those who say they are coming here in a bad moment, they have less wins in the league than they deserve for how they’ve played, they have a great squad and some top players,” Alguacil told a news conference.
Man United won the Europa League in 2017 and have three Champions League wins in their history, while Real Sociedad have never reached a European final.